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Eight Takeaways from Ben Bernanke’s Conversation with Marcus & Millichap
November 23, 2020
What does the man who oversaw the Federal Reserve as it tried to help the country recover from the Great Recession think about the U.S. economy’s ability to bounce back from the COVID-19 pandemic?
During a conversation webcast hosted by Hessam Nadji, CEO of commercial real estate services firm Marcus & Millichap and co-hosted by Robert E. Hart, CEO of TruAmerica Multifamily late last week, Dr. Ben S. Bernanke sounded largely hopeful, noting that if the U.S. can get the virus under control within the coming months, likely with the help of a vaccine, the economy might recover quicker than it did from the last downturn. The reasons include a fundamentally sound financial system this time around and aggressive action by the Federal Reserve.